weights. Then 6 1 ‚...‚m(ω6 ) = 21 . (Check for yourself that this choice of values of m(ωi ) satisfies m(ω1 ) = 21 the three conditions above!) Therefore‚ P (Even) = P ({2‚ 4‚ 6} = 2 21 + 4 21 + 6 21 = 12 21 = 4 7 = 0.57. 7. Let A and B be events such that P (A ∩ B) = 14 ‚ P (Ac ) = 13 ‚ and P (B = 12 . What is P (A ∪ B)? Recall Theorem 4 from class: P (A ∪ B) = P (A) + P (B) − P (A ∩ B). We already know that P (B) = 12 and P (A ∩ B) = 14 ‚ so we just need to find P (A). By Theorem 1 part
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strategicmanagementinsight.com http://www.strategicmanagementinsight.com/tools/pest-pestel-analysis.html PEST & PESTEL Analysis Definition 1. “PEST analysis – an analysis of the political‚ economic‚ social and technological factors in the external environment of an organization‚ which can affect its activities and performance.” [1] 2. “PESTEL model involves the collection and portrayal of information about external factors which have‚ or may have‚ an impact on business.”[2] Understanding
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leadership being used. State pros and cons of such a style of leadership being used in the organisation. Support your discussion with the relevant examples. 1. Introduction to Leadership Leading is considered to be known as the foundation of the management. Leadership involves an equal distribution of power between leaders and group members. Therefore‚ it is extremely challenging to be an effective leader. To become so‚ a leader must have such abilities as knowing instinctively how to inspire employees
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shift requires 6 operators‚ 2 maintenance persons‚ and 1 supervisor‚ in how many different ways can it be staffed? [8 points] 18 10 4 18564 45 4 3‚341‚520 6 2 1 (b) Suppose A and B are not mutually exclusive events‚ and we have P(A)=0.35‚ P(B)=0.40‚ P(AB)=0.18. Compute the following probabilities: i) P (AB)=? [4 points] P (AB)=P[A]+P[B]-P[AB]=0.35+0.40-0.18=0.57 ii) P(AB)=? P[A B] P[ A B] 0.18 0.45 P[ B] 0.40 1 of 6 [4 points] Name: Problem
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the early 2000s in Europe and some parts of Asia when businesses started to collect mobile phone numbers and send off wanted (or unwanted) content. Many applications need the ability to do real-time notification when events occur. Often the people who need to be kept aware of events are in a remote location. Cell phones have recently started being used in Africa for sending SMS-based information. These simple systems have already had a major impact. The reason why SMS gets through: With the massive
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Event Article 1 Chief Executive Officer I have always wanted to be the CEO of a large company. A chief executive officer is the highest ranked officer of the business. The only person he or she has to report to is the board of directors. The CEO has to be a great communicator and has to be an awesome people person. Everything he or she does is on the higher level of the business world. After reading this article‚ my mind has been changed a little because of what people think about the CEO of
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input the probabilities of 0.4‚ 0.4 and 0.2 for “good”‚ “moderate” and “poor” market reception. We then proceed to develop the marginal‚ conditional‚ and joint probabilities for each terminal end-point. The formula for the conditional probability of events A and B is changed as: P(A ∩ B) = P(B) P(A | B) By developing the likely revenue of market response outcome and summing the results‚ we obtain the expected
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Question 1 Not yet answered Marked out of 1.00 Flag question Question text The decisional managerial roles include all of the following EXCEPT: Select one: a. entrepreneur. b. negotiator. c. disseminator. d. resource allocator. Question 2 Not yet answered Marked out of 1.00 Flag question Question text Tactical planning is: Select one: a. Planning that unities various functions of the organization in order to avoid the silo problem b. Intermediate-range planning that is designed
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Business research is a well organized investigation and study of a company that provides information that lead to managerial decisions. Its process includes collecting of data‚ planning‚ analyzing‚ and obtaining organizational goal. Another important aspect of business research may involve in learning about competitors marketing strategies to obtaining an edge in their market share. I work for a fire safety inspection company that once had conducted a business research on a competitor that lost a
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PROBABILITY QUESTIONS Q1). You draw a card at random from a standard deck of 52 cards. Neither you nor anyone else looked at the card you picked. You keep it face down. Your friend then picks a card at random from a remaining 51 cards. a) What is the probability that your card is ace of spades? 1/52 b) What is the probability that your friend’s card is ace of spades? (Hint: Construct the sample space for what your friend’s card can be.) 1/51 c) You turn over your card and it is 10 of
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